Remittance giant Western Union's last-minute decision for Russia and Ukraine.

The decision of Western Union Russia and Belarus is of great interest

Western Union, the world's leading money transfer company, announced that it has ceased operations in Russia and its ally Belarus, which occupy Ukraine.

Western Union, which conducts international money transfer business, said that it has stopped its activities in two allied countries that have become the target of sanctions in the modern world with aggressive attitude, and its customers and business partners should take the necessary precautions regarding this issue.

Related: Is this the next embargo on Russia? Is cryptocurrency blocked too?

We wholeheartedly join the international community and contribute to the development of diplomatic and peaceful solutions. Our top priority [bölgede bulunan] is the security of our employees and the Ukrainian people.

Western Union is the world's largest provider of payment and money transfer services, with a presence in 200 countries and territories.

It is well known that Visa, MasterCard, PayPal and American Express previously ceased their activities in Moscow through their participation in the sanctions imposed on the country.

On the other hand, cryptocurrency exchanges, notably Coinan and Coinbase, announced that they would not participate in the sanctions and decided to continue trading from Russia.

Related: another blow to Russian cryptocurrency assets

Live BTC Price: $39,050.00

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